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-to-face, president obama and house speaker john boehner sit down for a one-on-one over the weekend. there are just three weeks left before the u.s. goes over the fiscal cliff. >>> italian shares are down nearly 3% this morning. for the most part, it is bank stocks leading the way down. we're now down about 2.76% on the ftse mib. bank stocks have been hit particularly hard this morning. earlier, we saw shares down 5.6%. we're seeing the same thing, whether it's bmps hitting session lows down nearly 6% comes amid concerns about leadership and economic reform in italy following mario monte's announcement that he'll resign once the budget has been passed. this move is likely to bring the country forward to elections next year. the italian prime minister has offered no clue as to whether or not he will run and it comes after sylvia berlusconi declared over the weekend he would throw his hat in the ring for the job of premier. carolyn ross is in italy following the details there. can you walk us through the time frame here? when are we expected monte to step down? what happens next? >> good morning to y
. history is important. >> i'm don lemon at >>> look who's talking. president obama and house speaker john boehner get together a little more than three weeks before we hit the fiscal cliff. >> gone too soon. a mexican-american singing superstar killed as a small plane plunges into a mountain range. >> just devastated for them. i'm really feeling for them. >> raw and emotional. two radio hosts talk about the family of the nurse who took her own life after getting duped by their prank call. >>> good morning, to you. welcome to "early start." welcome back, mr. berman. >> it is great to be here. i was on vacation for a week. now i'm back. i'm john berman. it is 5:00 a.m. in the east. i am feeling that. but this, they are talking for the first time in over three weeks. president obama and house speaker john boehner looked each other in the eye and actually had a conversation. now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side woul
. but this, they are talking for the first time in over three weeks. president obama and house speaker john boehner looked each other in the eye and actually had a conversation. now that's a really big deal when it comes to the fiscal cliff crisis. because in just 22 days americans face severe tax hikes and spending cuts unless these two leaders can find a way to compromise. now neither side would discuss specifics about their conversation. but after yesterday's white house meeting, a spokesman for the president said "the lines of communication remain open." now that may be music to the ears of former white house chief of staff erskine bowles, one half of the bowles-simpson reduction duo. >> they started a tango now. you know, any time you got two guys in there tangoing, you have a chance to get it done. >> brianna keilar is live now from washington. we don't have a lot of details about what went on in that meeting. maybe if they're both not talking, that may be a good thing. >> that's right. in fact, we have almost absolutely no details. the things that really interesting, though, to obser
come next year. president obama and house speaker john boehner spoke about the stalemate by phone last night. mr. obama has cut his demand for new revenue from tax hikes but continues to insist on higher taxes for the wealthy. boehner's counter offer was almost what republicans have been offering all along, $800 billion in tax revenues, none of them generated by higher tax rates. that stalemate is causing irritation for the senate female members. starting in january, there will be 20 of them, a new record. and they told diane sawyer if they were in charge, well, a deal would already be done. >> what i find is with all due deference to our male colleagues that women's styles tend to be more collaborative. >> i think by nature, we are less confrontational and more collaborative. and having us in the room, and i think all of us, not only do we want to work in a bipartisan way, we do it. >> certainly a turning point now for the senate in the chamber next year. it will be the first-ever females from the states of massachusetts and nebraska, as well as the first asian-american woman and the
not believe -- you can say the same thing for the obama white house -- they think america's undertaxed and the tax rates can go dramatically higher despite these examples in europe without it hurting economic growth. i think they are completely wrong. i think you can draw just the opposite conclusion of what's going on in europe. but apparently we're going down that route anyway. >> isn't that why president obama wants to raise the tax rate? he raises the tax rate in order to spend. seems to me that taxing and spending is his mantra, just like the east european mantra and the california and new york -- why would you want to raise the tax rate $1.6 trillion if youp didn didn't want to spe? that's a big number. >> it is. jared bernstein was in "the new york times" complaining about the tax cutting in this country over the past 30 years. and jared says, we've gutted the tax code, we're just not getting enough revenue for all the spending we want. >> i would gut the tax code of all its special deductions and loopholes and whatnot and take the rate down to about 15%. i am a flat tax guy. wh
negotiations? not so much, at least in the past few days. we know president obama and house speaker john boehner had a one-on-one meeting, right, on sunday, their first since mid-november. what were the details from that meeting and from the ongoing discussions? they're not really -- both sides are not really being forthcoming with what the substance of those conversations, both sides yesterday, the white house and the republican leadership put out statements. they're essentially the same. i'll read just one from boehner's press secretary. discussions with the white house are taking place but we have no detail to share about the substance of those conversations. the republican offer made last week remains the republican offer and we continue to wait for the president to identify the spending cuts he's willing to make as part of the balanced approach he promised the american people. so, of course, that coming from the republican side, the president obviously saying he's waiting for something, too, john. he's waiting for the republicans to identify the specific details of that $800 billion
/european time. >>> u.s. budget talks have intensified. president obama and house speaker john boehner spoke by phone tuesday after exchanging new proposals. aides confirm the president gave boehner a revised offer on monday, reducing demand for new tax revenue from $1.6 trillion to $1.4 trillion over the next decade. boehner responded with a plan that largely sticks by his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal which it hasn't put on the table before. in an interview with abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill who recognize the economy will be better off. american families will be better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. i'm confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for high income individuals. >> you see president obama's full interview wit
. >> house so click >> obama is the same kind of antibusiness president and insight president. same kind of managerial, interfering, strangling, surprising president jimmy carter was. >> you writing here about president obama. i want to get to the right page so i can quote it correctly, sir. you write under the obama administration that the u.s. had a morbid subversion of the infrastructures of its economy. the public sector has become a manipulative forest, aggressively intervening in the venture and financial sectors with guarantees and subventions that attract talent and debunking. >> the worst of this is the korean cast of the obama administration. the epa now has gained control over everything. see so to have been deemed a pollution, dangerous to the environment in co2 is of course that these plans. they attempt to surprise or two epitomize the anti-nature, enterprise spirit of this administration. the reason we need another supply-side revival of the same kind we had under ronald reagan. >> would you change anything you wrote in the original "wealth and poverty"? >> i would've chan
warner. at 9:00 eastern, president obama and house spear jaub boehner and spoke about the fiscal cliff today. republicans might be willing to agree to higher tax rates on the wealthy in january. house speaker calling on the obama administration to respond to the republicans' deficit proposal. president obama is at 9:00 eastern followed by speaker boehner. >> this weekend on c-span 3's american history tv, follow harry truman's eldest grandson to japan. >> everybody has their own view what happened and i don't want to argue survival to anyone in japan about the history. we're past that. and my whole purpose for being here is to listen to the living and to do what i can. >> sunday at 9:00 p.m. eastern on c-span 3. >> the supreme court will look at what was passed in 2008 by a majority of 6-3 i believe and going to say that is precedent. and indiana had a -- >> they decided on the indiana case. it was constitutional for them to establish i.d. they did not say that all of those states -- >> correct, they talked about indiana. let me finish because you misrepresented what i said. >> no, i d
, president obama and house speaker boehner spending a sunday together to talk about the fiscal cliff. no word on any progress and the president will be in detroit today to speak about the economy. joining us right now is cnbc's chief washington correspondent john harwood. john, you had a great column over the weekend in the in, times whether you took a look back at what happened in 1990 where things were set up for a grit debate but maybe things were easier at that point because you didn't have the 24-hour news cycle. you had other things that made it easier the last time around. what does that lead us to think this time around? >> well, there are ways in which it was more difficult, as you just alluded to, becky. but there are a lot of similarities, too. there are warnings that the economy is going to take a huge hit if a multi year budget deal was not enacted. you had a republican party led by a president who had made a no tax pledge and who was trying to figure out a way out of that. when he finally did that, that's when the negotiations took on a faster pace. and i do think here the fact
when spending cuts and expiring tax break could tank the economy. president obama met with house of representatives speaker boehner over the weekend. we did not hear anything from either one of them so folks could think a deal is in the works. and now, speaker boehner is pointing the finger at the democrats and harry reid says it will be hard to get anything done before christmas. we will get our shopping done and hold you accountable later. and now, mike, speaker boehner said the meet was friendly but not productive. >>reporter: you get a sense that president obama and speaker boehner get along fine but today boehner hammered the president essentially making the point that if he got the tax increases he wants, we would still face trillion dollar deficits. here is more from speaker boehner on cutting spending. >> the president doesn't agree with our approach, he has an obligation to put forward a plan that can pass both chambers of the congress. right now the american people have to be scratching their heads and wondering when the president will get serious. >>reporter: you hear
are happy to have. >> a house aide said president obama and house speaker john boehner spoke on3 the phone yesterday afternoon, their first conversation a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts, republicans say they're still waiting on a counter offer from the white house. lori: i wonder if they're talking football. >> it got messy. melissa: the house may be sending the members home t for e president seems to think if they got down to business, it is an easy fix. melissa: we can probably solve this in about a week. melissa: piece of cake. he thinks it is too late to get anything done before the end of the year as both sides are too far apart on key issues. joining us now, financial economist at jefferies. we think it is too late, we're going over the cliff. how come? >> not enough time to address all the issues that need to be addressed. especially they will talk o on a phone only once per week. it has been some progress on the tax cut side in terms of tax reform that could raise a type of revenue that we are goi
cliff. that's right. all he needs is an hour and a room with both president obama and the house speaker. basically he would play a denim and check on them. he says if he can bri them to the right state of mind and thugh mental suggestion and mental conditioning that will start compromising. it's a trick of like to see. >> i love someone -- it's unmanly kind of love, but i love this guy the three and a half and on my show of force years ago, and he predicted the super bo victories. unwilling. melissa: before the game? >> before the game. he lost something up in my room and did not give in hawaiian. a ticket home with me. he predicted it. however embarrassing a think he's met hisatch year. to vote - folks inside the beltway don't think logically. that's what i don't think it'll work. >> i said bring the men. given the track. >> bring the man. they can actually find that compromise. >> of love to see him in there and now he would make sense. melissa: one that at a magician. we already have clouds in the next. beer is one of our listings. the whale carcass is running near celebrity homes in
leaders in the house blaming president obama for the lack of action. they're calling on him to initiate face-to-face negotiations. did we say a deal has to be made in the next 25 days. house members are out of town for a long weekend break. fox business network's rich edson is live from washington. so are we seeing any movement in these talks at all, rich? >> some, jon. a house aide says president obama and house speaker john boehner spoke on the phone yesterday afternoon. that is their first conversation in a week and since republicans offered $800 billion in new tax revenue and more than a trillion dollars in spending cuts. aides refuse to say if the president and speaker are now closer to a deal. for both sides a little more campaigning. president obama heads to northern virginia this afternoon. the white house says he will meet with a middle class family to press congress to protect those making less than $250,000 a year from tax increases and raise rates on those making more. house republicans return to their congressional districts. they will meet with small business owners to und
. house speaker john boehner hittinging the house floor a short while ago. president obama wants the house to allow tax increases, tax rate increases on families earning more than $250,000 a year. house republicans have an offer on the table. they say they're waiting on the president. >> the president doesn't agree with our approach, he has got an obligation to put forward a plan that can pass both chambers of the congress. because right now the american people have to be scratching their heads and wondering when will this president going to get serious? >> we're basically looking at the same impasse today we were looking at a couple of weeks ago but there is some talk at least beyond fiscal issues in the country on capitol hill. we met up with the incoming chairman of house financial services committee and asked him about the idea going around washington whether or not we should break up the big banks? >> there is certainly a role for the city banks and jpmorgans in the world. i meet with a lot of smart people. i haven't had anyone smart enough to tell me what the optimism size after bank
boehner at the white house, president obama extended a little olive branch in avoiding the fiscal cliff. >> i have said i will work with republicans on a plan for economic growth, job creation and reducing our deficits. and had some common western democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> the white house would not disclose any details of the meeting with the president and the speaker yesterday. both sides confirming communications are open. speaker john boehner saying discussions are taking place. liz: maybe the fact they're keeping quiet may mean something is really going to happen. keep dreaming. >> does politics have to watch out what is happening in silicon valley. apple and google compete on so many different rounds. but they're actually coming together to co-compete on a bid for the patents that kodak holds. 1100 patents, half a billion dollars. they realize instead of sitting across from each other playing and outbidding one another, we will work together and co-compete for these and work together to g
specifics of that meeting between president obama and house speaker john boehner, but here is another thing to remember is that despite the fact that you have this deadline at the end of the year, the deadline really is about five days before christmas, right about the 19th or the 20th, because you need legislative days to make the legislative sausage work up here on capitol hill even though you can't see it behind me, they need time to make it all come together legislatively. jon: thank you. be sure to catch bret tonight anchoring special report at 6:00 on fox news channel. jenna: we will be talking a little bit about the man of accused murdering people inside a kroeud movie theater. what is happening while he's back in court today. it's the first time we've seen him since he reportedly tried to kill himself in jail. the latest, a live report from colorado coming up. also we watched together on friday a world war ii fighter jet being brought to the surface after sitting at the bottom of lake michigan for more than 6 5:00 years. where its headed now, and what about the other reported 80 pla
. president obama meeting with the house speaker boehner in a closed door session over the weekend. yesterday in fact. trying to hammer out a deal. we hope you watch the redskins win over the ravens there in the last minute. president set to speak later at an auto plant in michigan about his planes it raise taxes on the rich. our chief political correspondent live at the white house with the latest. hi, john. >> hi, tyler. it is glammy and overcast in washington today but everybody is looking for bright signs about the fiscal cliff. we have a bright side yesterday when john boehner came here to the white house. house speaker to talk to president obama. first individual one on one meeting since the election and that meeting and some other signals that have been sent publicly by both parties have caused some noted skeptics of us getting a fiscal cliff deal. >> i think the atmospherics are getting so much better. we've gotten out after ka bookie theater and gone to dancing the tango with those two guys. any time you start to tango, you have a chance. >> chances of getting it done now are better.
done heading in to the new year. >> we stay bullish. >> president obama and house speaker john boehner spoke by phone wednesday, but there's been no announcement by either side of any upcoming face to face budget talks. earlier the president told the business round table a deal to avoid the fiscal cliff could be reached quickly if republicans drop their opposition to raising tax rates on the wealthy. in an interview on cnbc, timothy geithner says the gop is making a little bit of progress, but the white house is absolutely ready to go over the cliff if tax rates on the top 2% don't rise. >> i want to understand the administration's position when it comes to raising taxes on the wealthy, those making more than $250,000. if republicans do not agree to that, is the administration prepared to go over the fiscal cliff? >> absolutely. again, there is no prospect to an agreement that doesn't involve those rates going up on the top 2% of the wealthiest. remember, it's only 2%. >> with both sides in washington publicly digging in their heels, how much will the fiscal cliff impact the credit mar
of u.s. stocks next. >>> and as the fiscal cliff turns, president obama campaign style once again today. this time in michigan. that after talking with house speaker john boehner over the weekend. their firps one on one in weeks. is that why republicans are saying they would swallow higher taxes for the right deal on spending cuts? we'll talk to tom cole who is making that case in just a few minutes. >>> bmw and mercedes are looking for the best selling luxury brand in the united states. wait until you hear what your money can get you these days. you're watching cnbc. ...so as you can see, geico's customer satisfaction is at 97%. mmmm tasty. and cut! very good. people are always asking me how we make these geico adverts. so we're taking you behind the scenes. this coffee cup, for example, is computer animated. it's not real. geico's customer satisfaction is q rea this computer-animated coffee tastes dreadful. geico. 15 minutes could save you 15 % or more on car insurance. someone get me a latte will ya, please? >>> is the u.s. consumer in trouble? the front page on this morning's "wall
though it's a state that barack obama carried. they got this through in the house and senate. it's a big deal, it's a poison pill for the eurounions, they h right to work. a lot of new businesses when they're looking at building new factories or building new plants, they won't even consider states that are not right to work. so much of the growth in this country is in the right to work states. so i think economically, if it passes, it will be probably tuesday or wednesday when we get a final vote on this, i think it puts michigan, a state with a 10%, 11% unemployment rate, puts that state right back on the nap. >> si stephen correct that this actually economically makes sense, even if politically, it seems kind of like out of step with the times? >> i go worback and forth on th on the down side, it goes for slower wages. i think steven is right, it will lead to more jobs, i mean michigan is at a disadvantage against some of the right to work states that are just south of it and its lost a lot of the auto jobs to places like kentucky and tennessee and indiana. and this will probably make
done in 2011. if you remember, math by details in the sitdown between boehner and obama last year. boehner's office wouldn't write the number 800 billion in its initial offer to the white house because they didn't want other house republicans to see that. the fact that that figure is on the table and boehner is taking to the air waives to say, you know who's going to get soaked here? the rich. is a shocking reversal of where the republican party was i agree ago. >> look at this. these are some smart conservatives. byron york in "the weekly standard," and john padora, bill kristol are all saying the republicans have to do something. they're playing a losing hand. fedoris writes, every way you look at it, the gop is trapped. republican politicians will cave and give the president most of what he wants. the only real question is, when? the answer is, probably at the worst possible time when they've done even more damage to the party's brand. governor, if you were a republican today, would you sitting down say, you know we have to eat this, deal with this top 2%, we can't be seen as h
's what we know right now. we have just 20 days left for the obama administration and house speaker boehner's office to reach a deal on the fiscal cliff. while talks continue privately between both, no public details of progression toward the compromise have been released. in the last hour, our guest, tony fratto who is the former press secretary and jerry bernstein agreed that we would likely get some sort of a deal, just perhaps not in a form that was widely expected. joining us right now is the first of many lawmakers we'll be speaking with today, texas congressman jeb hensarling who is also the incoming chairman of the house financial services committee. and mr. chairman, first of all, congratulations. >> thank you. good morning. >> good morning. thanks for being with us today. >> happy to do it. >> we hear all of this talk, we hear all the talk that's been leading up to this point. we know it's gone a little quieter at this point. maybe that's a good thing. i also know you've been pretty firm about this. you've said that elections do have consequences. the president is getting
that makes it harder. >> and tell us something about the obama white house that we don't know. >> what does obama think of mitt romney? what does he really think? and i think he feels that romney is incompetent because he didn't run a better campaign. and i suspect that one of the themes in all the coverage of the campaign is going to be romney never found a way to -- either the method or the theme of how to run against obama. whereas they thought it was going to be easy. >> we're about to give the hook here. what is the one thing you would like to know about president obama that you don't? >> oh, i did ask him this. i didn't put it in the book. he keeps a diary. and so i'd like to have access. [laughter] >> assume that's for -- >> do you keep a diary? yes. not on all this detailed kind of -- let's see it. so that's going to -- i'm sure he will write a really interesting memoir. >> what did he tell you about the diary? >> that it existed. no detail. he didn't offer any of it or read from it or anything like that. i'm -- is it dictated? is it written? you know ronald reagan kept his deiry th
by president obama to fracture the g.o.p. majority of the house, gain himself supreme power. >> well, that is because it's clear that the economic proposals, fiscal proposals won't do anything about debt. it's clear that his pretense that we are going to have to, that you can't get to the tax hikes he wants through rising, through raising the rates, without raising rates, he contradicts himself. he said exactly the opposite. so all of this is about the politics of it. he thinks he won the election. and now he can use the crisis over the fiscal cliff to force republicans to go against the position they have had for 20 years. like bush senior with read my lips. senly create a civil war among republicans. the fact that someone here said that the ball is in the president's court. he is holding the ball, not sevenning it. they haven't -- not sevenning it. they haven't offered anything. mcconnell laughed at the offer because it was so outrageous and he wants everything and republican offers nothing in the reduction in entitlements or discretionary spending. they walk away and they won't, i
is not reached. david: the president and the house speaker meeting. president obama changing his tone a little bit mentioning compromise. peter barnes in washington with the latest. they were saying we believe actions, we have heard so much chatter, we can't really bet on that. >> right now we're just hearing chatter. the president speaks to senate democratic leader harry reid, we have learned. meeting yesterday at the white house with a speaker banner an in a speech in detroia couple of hours go the president extended little olive branch to the republicans. >> i have said i would work with republicans on a plan for economic growth, job creation and reducing our deficits. and some compromise between democrats and republicans, i understand people have a lot of different views, i'm willing to compromise a little bit. >> i spoke to an aide to one top republican leader who was a little bit upset by the comment the president would be willing to compromise a little bit. the white house did not disclose any details of the meeting with the president and the speaker yesterday only confirmed that commun
in the white house with more. >> president obama said look, if republicans agree to my tax plan, we can get this deal done in a week.3 john boehner is waiting on the president, he says he's read hey to meet with the president at any time. we asked the president obama plan on calling the speaker or inviting the speaker to the white house and we haven't gotten a response. what is dumbing this all up is the tax rate increase. >> were not insisting on rates out of spite for any kind of partisan victory. but rather because we need to raise a certain amount of revenue. >> an obsession to raise taxes is not going to solve the problem. what will solve the problem is doing something about the entitlements, taking on wasteful spending in washington. speak up for the fiscal cliff is part of the half trillion dollars in cuts to the pentagon. the defense has been saying we will not plan for sequestration's because they don't want to be cautious because it is like a gun to the head. they're now looking into planning for this because we are getting pretty late, and that may become a reality. back to you.
. >> but as the holidays draw closer, u.s. president barack obama and his family have lit the national christmas tree outside the white house. >> it is an annual tradition dating back to 1923. this year's giant blue spruce is new and will remain planted outside the white house throughout the year. the tree is lit by 450 strands of alley delights and 120 star ornaments. >> that looks like a fun party. >> beautiful christmas in the white house for sure. that is all we have run out. thanks for watching. >> do not forget, you can find more on our website at dw.de. see you soon.
reached speaking with the house speaker and the minority leader. president obama speech to members of the business roundtable about the negotiations and the economy. he told ceos he would not negotiate. because of technical problems, we can only show you part of his remarks. >> we are grateful for both the electricity and the engagement we have had with members of your team. i know your team has really reached out significantly over the last few months to many people in this room and i know personally, the outreach to us is genuine and we know you are seeking solutions. but that was outlined very sincerely this morning when we met with jack and the rest of the team. i hope you get the same sense of purpose and commitment from us as we engage with you. there aren't a lot of wallflowers' in here. we are eager for a two-way exchange nonetheless. hopefully your take away would be to have a useful purpose in the dialogue. mr. president, thank you for joining us today. [applause] >> good morning everybody. it is great to see all of you. many of you had a chance to see individually or in
-- monday night at 8:00 eastern on the communicators. >> president obama and house speaker john boehner met at the white house today to discuss ongoing negotiations over the impending fiscal cliff. both men agree to not release details of the conversation. last tuesday, former joint chiefs chairman admiral mike mullen called on congress to avert the so-called fiscal cliff and lay a framework for a debt reduction and economic growth over the next two years. he spoke of a forum hosted by the coalition for fiscal and national security. this is about 45 minutes. >> all set? good afternoon. thank you for coming. my name is pete peterson. i want to give you first a review of our foundation and why we are supporting the project you will hear about today. starting about 30 years ago, after starting the profound demographic trend and the vast unfunded promises we had made, i decided that our projected long term, and i emphasize long-term paths were not only unsustainable but the primary threat to our future. speaking of unsustainable, in the next white house in which i served, the chairman of the co
, after president obama and house speaker john boehner both were tight-lipped how the negotiations went. the co-founder of the fix the debt campaign, he was asked about the chances of striking a deal to avoid the cliff. >> it's probably more like a 40% chance we'll actually get it done before the end of the year. probably 25% chance we'll get it done right after the end of the year. and then there's that horrible 35% chance that we'll still go over the cliff and have pure chaos. but i think the chances of getting it done now are better. i think that's what's key. >> be sure to tune in tomorrow for the fiscal cliff coverage live from washington. mission critical, rise above d.c., all day long. becky quick, jim cramer, maria bartiromo holding their feet to the fire about where they stand on the fiscal cliff and how they'll do their part to rise above partisan politics and reach a deal. now, there are some bowles comments. 40%, yeah, but the odds are much better. they're still 35% chance it will not happen. it's not exactly confidence building. >> not necessarily confidence building. alway
closer to the edge of the fiscal cliff, every move is being magnified by the markets. president obama and house speaker john boehner spoke by phone on tuesday, exchanging new proposals. the president gave boehner a revised offer on monday, reducing his demand for new tax revenue from $1.6 trillion to $1.4 trillion over ten years. boehner responded with a plan that largely sticks to his original offer a week ago. reports say the white house has told republicans it would include an overhaul of corporate taxes in any budget deal. that hasn't been done before. in an exclusive interview with barbara walters of abc news, president obama says he still expects a deal before the end of the year. >> i remain optimistic that there are enough people of goodwill in this town that recognize our economy will be much better off. american families will be much better off if we get this done. the most important thing we can do is make sure that middle-class taxes do not go up on january 1. and i'm pretty confident that republicans would not hold middle-class taxes hostage to try to protect tax cuts for
% of wealthy americans. >>> and president obama met privately with house speaker john boehner at the white house over the weekend. it was their first one-on-one meeting since the crisis. >>> 8:06. a federal judge expected to approve a plan to give control of the oakland police department to a court-appointed director. this comes after oakland failed to meet a federal judge's order to make reforms agreed to in the settlement of the riders police brutality case. the director will have the power to spend city money, change police procedures and if the police department continues to fail to make reforms even fire the police chief. >>> well, a man accused of shooting and killing a driver in a road-rage incident is talking now. brian jones is in the sacramento county jail. now, he admitted he fired shots at another driver in sacramento. it happened after jones says his sister said she was being followed by someone she didn't know saturday morning. she called brian for help. jones admit, he cut off the driver then he -- then, he claims the driver came after him with his car. >>> at that time i wa
'm using them for the rest of the show. thank you, greg. >>> boehner ripped into president obama, speaker boehner calling the white house fiscal plan a joke. senator ron johnson is on the budget committee. he joins us. good evening, sir. >> greta, how you doing? >> greta: very well, and calling the plan a joke, i guess he is not going to beat around the bush for us. >> unfortunately, greta, president obama pretty well holds all the cards in this negotiation. if he wants to have tax increases or tax rates go up, i don't see how republicans can stop him, you know, because everybody's taxes are going to increase if congress does nothing, and president obama is the only person that can sign a bill into law and quite honestly, senator harry reid is the only person in the senate that can pass a bill in the senate as well. it sounds like people like howard dean want everybody's taxes to go up. maybe we should feel fortunate that president obama only wants the top two% to g two percent t. >> greta: do you anticipate republicans will vote for a rate increase if this should come to a vote? >> i don
avoid the white house. blaming them for a crash over taxes on the rich. >> the white house is ready for christmas. michelle obama gave tour of the president decorations and that is not it. >> chris: charles, you always want the video and the script to match. i didn't see anything like that. that is "special report" for now. no online show tonight. i'm chris wallace in washington. keep it here on fox where more news is always on the way. >> shepard: this is the "fox report." tonight after years of failed attempts, north korea successfully launchs its first long range missile. and potential new threat to our nation. plus, the shooting at the mall. ♪ >> shepard: a witness says the gunman announced "i am the shooter." and then opened fire. >> i knew at that point we needed to lock up and get over the the back of the store. >> i got up and i started running. >> everyone got up and was tripping over one another. >> the mall packed with thousands of holiday shoppers when it happened. >> he was armed with an ar-15 semi-automatic rifle. we believe he was carrying several fully loaded magaz
from the white house. we can't sit here and negotiate with ourselves. >> house speaker boehner saying that is president obama and the democrats to save you for being higher taxes. this fiscal cliff thing, the problem with the republicans, larry, is that they have been boxed in by the democrats into a difficult position where the polls confirm that the public in america believe that the reason that president obama is going to win the debate is because, come the fiscal cliff moment, that if he goes over, that they are going to save the backsides of the wealthy 2% of americans. i probably shouldn't but i do. >> speaking as a reagan conservative, i must say i rather agree with you. probably shouldn't. but i do. i think divided government is very difficult. and there's some principles that speaker boehner is fighting for, with which i actually agree. but i think politically, the risk here for the gop, is they've become the party of rich people. and they give up the middle-class to the democrats. and i think you saw some of that in the presidential election. i don't think that's their inten
up fiscal cliff, we're now seeing house speaker boehner discussing the issue from the house floor. the first time he's commented publicly after meeting with president obama sunday. let's listen. >>> right flonow the american people have to be wondering when is the president going to get serious. i yield back. >> the chair recognizes the gentlemen from pennsylvania mr. altmire, for five minutes. >> i rise to recognize victor decarlo for receiving the -- >> we have been listening to the house speaker talking about negotiations taking place with the president obviously, a lot of people watching closely, trying to avoid the fiscal cliff which would mean tax hikes for almost all americans but also severe cuts as well. they are debating that publicly as well as privately. i want to talk more about the rebel group that we had mention before in syria, that is now designated a new terrorist organization, cnn's hala gorani joining us atlanta. hala, first of all, you've got the syrian rebels, they're there fighting al assad's government. now the u.s. government, state department, steps in an
-- learn the national debt has increased by 50% in president obama's first term, there are growing concerns about a white house request to eliminate one of the few tools congress has to keep government spending in check. >>> and a new report raising serious questions about how taxpayer money's being spent including claims that it helped folks attend a training course that looked like something straight out of the walking dead. [gunfire] [ loud party sounds ] hi, i'm ensure clear... clear, huh? i'm not juice or fancy water. i've gotine grams of protein. that's three times more than me! [ female announcer ] ensure clear. nine grams protein. zero fat. in blueberry/pomegranate and peach. now is a good time to think about your options. are you looking for a plan that really meets your needs and your budget? as you probably know, medicare only covers about 80% of your part b medical expenses. the rest is up to you. so consider an aarp medicare supplement insurance plan, insured by unitedhealthcare insurance company. like all standardized medicare supplement plans, they cover some of what medicare
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